Thai Baht exchange rate, which is the best?
Not everyone spends money the same way. But it’s always good to know how to keep your finance manageable especially when you travel to Thailand and explore the country. But you are looking for the best rate and conversion, it’s always best to check the forex before your trip since it always depends on what you prefer.
Bring Cash in Large Denomination
Good condition, large denomination currency is always the easiest and best choice in terms of travelling short-term abroad. It’s always better not to change your money over Thai baht before you get to Thailand since you can always change your currency to Thai baht 24 hours a day in money changers and you will get your best exchange rate in Thailand. You can easily change cash and traveller’s cheques at the airport and in many places in the city.
But if you don’t prefer to carry cash with you:
Use your ATMs for your bank cards
You can use ATM’s for cash withdrawals but always remember that there is a 150 – 220 baht surcharge for every withdrawal so take out the more than you need at once. Always check your bank’s charges for international withdrawal and some fees along with it. There are ATM’s all over Bangkok and major cities and it would be best to use an ATM when tag along with a bank is nearby. In case your card jams, you can always go to the bank and let them open up the ATM machine for you.
Change your Traveler’s Cheques
There’s a fee of 33 baht per check so make sure to get the big denominations. You can always have an opportunity to change your Thai baht over to your own currency when you are back at home.
We recommend that you keep a credit card for emergencies and use cash, travelers checks and debit cards in Thailand. Be mindful of some fraudulent charges or scam if you are the type to use credit cards everywhere for everything.